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6 Keys To Convince Investors Of Your Competitive Edge

Startup Professionals Musings

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. A competitive advantage to a non-problem or tiny niche is not interesting to investors.

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Kevin O'Connor, ScOp Venture Capital, On Startup Success and Investments

socalTECH

This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venture capital investment firm ScOp Venture Capital. Congrats on the new name for your venture capital firm. It's always hard with venture capital. Kevin O'Connor: Definitely. I was blown away.

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How to reach beyond the prospect’s gatekeeper

Berkonomics

Few of your contacts will be willing to use their valuable social or political capital helping you with a sales effort, and you will definitely strain your relationship with the intermediary if not a close friend. Dropping that name will often immediately draw a response if the decision maker is curious or particularly competitive.

Ideas 156
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The Changing Venture Landscape

Both Sides of the Table

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? By definition?—?I’m The market definition has changed but what we do mostly hasn’t.

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7 New Venture Strategies Improve The Odds Of Survival

Startup Professionals Musings

Of course, we would all like to have a magic list based on more definitive tracking of many real startups over time. Do your homework on minimal capital requirements. Running out of capital in midstream is a brick wall that can derail even the best plans. Your initial business identity can make or break your startup.

Startup 170
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Hire for your core. Partner for the rest.

Berkonomics

By definition, your core is your intellectual property foundation, the thing that makes your business most valuable to customers, investors and perhaps someday to potential buyers of the business. Using your scarce capital and other resources. What is your core competency? There is much to reinforce in such behavior.

Patents 120
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Why I Look for High Conviction, not Consensus, in Venture Capital Decisions

Both Sides of the Table

One of the least understood parts of the venture capital industry and venture capital firms is how investment decisions actually get made. I want to fail because I backed an extraordinary entrepreneur with a super-ambitious project and we were just wrong about market timing, customer adoption, competition, regulation or similar.